<SEC-DOCUMENT>0001140361-20-025835.txt : 20201117
<SEC-HEADER>0001140361-20-025835.hdr.sgml : 20201117
<ACCEPTANCE-DATETIME>20201117170017
ACCESSION NUMBER:		0001140361-20-025835
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20201002
FILED AS OF DATE:		20201117
DATE AS OF CHANGE:		20201117

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEXNER ABIGAIL S
		CENTRAL INDEX KEY:			0001250041

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08344
		FILM NUMBER:		201321857

	MAIL ADDRESS:	
		STREET 1:		C/O L BRANDS, INC.
		STREET 2:		THREE LIMITED PARKWAY
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wexner Leslie H.
		CENTRAL INDEX KEY:			0000901359

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08344
		FILM NUMBER:		201321858

	MAIL ADDRESS:	
		STREET 1:		C/O L BRANDS, INC.
		STREET 2:		THREE LIMITED PARKWAY
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216

	FORMER NAME:	
		FORMER CONFORMED NAME:	WEXNER LESLIE H
		DATE OF NAME CHANGE:	19930420

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			L Brands, Inc.
		CENTRAL INDEX KEY:			0000701985
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-WOMEN'S CLOTHING STORES [5621]
		IRS NUMBER:				311029810
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0130

	BUSINESS ADDRESS:	
		STREET 1:		THREE LIMITED PKWY
		STREET 2:		P O BOX 16000
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216
		BUSINESS PHONE:		6144157000

	MAIL ADDRESS:	
		STREET 1:		THREE LIMITED PARKWAY
		STREET 2:		P.O. BOX 16000
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43216

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMITED BRANDS INC
		DATE OF NAME CHANGE:	20020613

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMITED INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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        <issuerName>L Brands, Inc.</issuerName>
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            <rptOwnerName>Wexner Leslie H.</rptOwnerName>
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            <rptOwnerStreet1>C/O L BRANDS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>THREE LIMITED PARKWAY</rptOwnerStreet2>
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            <rptOwnerState>OH</rptOwnerState>
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            <rptOwnerName>WEXNER ABIGAIL S</rptOwnerName>
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            <rptOwnerStreet1>C/O L BRANDS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>THREE LIMITED PARKWAY</rptOwnerStreet2>
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            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>43216</rptOwnerZipCode>
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                    <value>Willow Trust</value>
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                <value>Common Stock</value>
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                    <value>A</value>
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                    <footnoteId id="F4"/>
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                    <value>Cedar Trust</value>
                </natureOfOwnership>
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            <securityTitle>
                <value>Common Stock</value>
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                    <value>Rose Trust</value>
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            <securityTitle>
                <value>Common Stock</value>
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                <transactionFormType>5</transactionFormType>
                <transactionCode>G</transactionCode>
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                    <value>352941</value>
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                    <value>352941</value>
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                    <value>D</value>
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    <footnotes>
        <footnote id="F1">Gift of shares by The Linden West Trust to its beneficiaries, the children of Leslie H. Wexner (&quot;Mr. Wexner&quot;) and  Abigail S. Wexner (&quot;Mrs. Wexner&quot;) on 10/2/2020, who then gifted the shares to four separate trusts on 10/7/2020.</footnote>
        <footnote id="F2">Not applicable.</footnote>
        <footnote id="F3">Owned by Mr. Wexner directly. Owned by Abigail S. Wexner (&quot;Mrs. Wexner&quot;) indirectly, through Mr. Wexner.</footnote>
        <footnote id="F4">See Exhibit 99.1 for a table of all non-derivative shares of the Issuer beneficially owned directly or indirectly by Mr. Wexner and Mrs. Wexner.</footnote>
        <footnote id="F5">Mr. Wexner and Mrs. Wexner disclaim beneficial ownership of all indirectly owned securities reported on this Form in excess of their respective pecuniary interests therein.</footnote>
        <footnote id="F6">Owned by Mrs. Wexner indirectly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.</footnote>
        <footnote id="F7">Gift of shares by Mrs. Wexner to Linden East II trust.</footnote>
        <footnote id="F8">Owned by Mrs. Wexner directly. Owned by Mr. Wexner indirectly, through Mrs. Wexner.</footnote>
        <footnote id="F9">Gift of shares by Mr. Wexner to Linden West II trust.</footnote>
        <footnote id="F10">Partial vesting and settlement of restricted share units granted to Mr. Wexner on 1/29/2020 (&quot;RSUs&quot;), and forfeiture of 13,856 RSUs.</footnote>
        <footnote id="F11">The RSUs confer no voting rights, may not be sold, and automatically settle for an equivalent number of shares of common stock of the Issuer on the vesting date.</footnote>
    </footnotes>

    <remarks>Exhibit 99.1 - Additional Responses and Joint Filer Information, incorporated herein by reference.</remarks>

    <ownerSignature>
        <signatureName>/s/ Leslie H. Wexner</signatureName>
        <signatureDate>2020-11-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc10017079_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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      <div style="text-align: right; text-indent: -216pt; margin-left: 216pt;"><u>Exhibit 99.1</u></div>
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              <div>Name and Address of Reporting Person:</div>
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              <div>Leslie H. Wexner</div>
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              <div>c/o L Brands, Inc.</div>
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              <div>Three Limited Parkway</div>
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            <td style="width: 30%; vertical-align: top;">&#160;</td>
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              <div>Columbus, OH&#160; 43216</div>
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              <div>Issuer Name and Ticker or Trading Symbol:</div>
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              <div>L Brands, Inc. (LB)</div>
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          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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              <div>The Linden West Trust</div>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 2.72%; vertical-align: top;">&#160;</td>
            <td style="width: 25.36%; vertical-align: top;">&#160;</td>
            <td style="width: 2.72%; vertical-align: top;">&#160;</td>
            <td style="width: 19.93%; vertical-align: top;">&#160;</td>
            <td style="width: 2.72%; vertical-align: top;">&#160;</td>
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              <div>Linden East II trust</div>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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              <div>Linden West II trust</div>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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            <td style="width: 25.36%; vertical-align: top;">&#160;</td>
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              <div>343,166</div>
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              <div>Pine Trust</div>
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              <div>Willow Trust</div>
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              <div>Rose Trust</div>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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              <div>1,951,193&#160; (5)</div>
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              <div>Held in L Brands, Inc. Savings and Retirement Plan for Leslie </div>
              <div>H. Wexner&#8217;s account</div>
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          </tr>

      </table>
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 1 of 3</font></div>
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          <tr>
            <td style="width: 30%; vertical-align: top;">
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          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">
              <div>c/o L Brands, Inc.</div>
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          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">
              <div>Three Limited Parkway</div>
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          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">
              <div>Columbus, OH&#160; 43216</div>
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          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
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              <div>L Brands, Inc. (LB)</div>
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          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 30%; vertical-align: top;">
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      <div><u>Notes</u>:</div>
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              <div>Owned by Abigail S. Wexner (&#8220;Mrs. Wexner&#8221;) directly.&#160; Owned by Leslie H. Wexner (&#8220;Mr. Wexner&#8221;) indirectly, through Mrs. Wexner.</div>
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          <tr>
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              <div>Owned by Mr. Wexner directly.&#160; Owned by Mrs. Wexner indirectly, through Mr. Wexner.</div>
            </td>
          </tr>

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          <tr>
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              <div>Owned by Mr. Wexner indirectly.&#160; Owned by Mrs. Wexner indirectly, through Mr. Wexner.</div>
            </td>
          </tr>

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              <div>Owned by Mrs. Wexner indirectly.&#160; Owned by Mr. Wexner indirectly, through Mrs. Wexner.</div>
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          <tr>
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              <div>Based on account balance as of October 31, 2020.&#160; The Savings and Retirement Plan is a &#8220;qualified plan&#8221; within the meaning of Rule 16b-3.</div>
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          </tr>

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      <div>Mr. Wexner and Mrs. Wexner disclaim beneficial ownership of all indirectly owned securities reported on this Form in excess of their respective pecuniary interests
        therein.</div>
      <div><br>
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      <div>This Form does not report the shares of Common Stock owned by The Wexner Family Charitable Fund (for which each of Mr. and Mrs. Wexner serve as a director) because Mr.
        and Mrs. Wexner do not have a pecuniary interest in such shares, as the charitable fund is a tax exempt organization pursuant to IRC Section 501(c)(3).</div>
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      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Page 2 of 3</font></div>
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      <div style="text-align: center;"><u>Joint Filer Information</u></div>
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            <td style="width: 30%; vertical-align: top;">
              <div>Name of Joint Filer:</div>
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            <td style="width: 70%; vertical-align: top;">
              <div>Abigail S. Wexner</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Address of Joint Filer:</div>
            </td>
            <td style="width: 70%; vertical-align: top;">
              <div>c/o L Brands, Inc.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">
              <div>Three Limited Parkway</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">
              <div>Columbus, OH&#160; 43216</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Relationship of Joint Filer to Issuer:</div>
            </td>
            <td style="width: 70%; vertical-align: top;">
              <div>Director</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Issuer Name and Ticker or Trading Symbol:</div>
            </td>
            <td style="width: 70%; vertical-align: top;">
              <div>L Brands, Inc. (LB)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Date of Earliest Transaction Required</div>
              <div>to be Reported (Month/Day/Year):</div>
            </td>
            <td style="width: 70%; vertical-align: bottom;">
              <div>10/2/2020</div>
            </td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">&#160;</td>
            <td style="width: 70%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 30%; vertical-align: top;">
              <div>Designated Filer:</div>
            </td>
            <td style="width: 70%; vertical-align: top;">
              <div>Leslie H. Wexner</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
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          <tr>
            <td style="width: 25%; vertical-align: top;">
              <div style="font-weight: bold;">Signature:</div>
            </td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div>&#160;&#160;/s/ Abigail S. Wexner</div>
            </td>
            <td style="width: 75%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top;">
              <div>Abigail S. Wexner</div>
            </td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top;">&#160;</td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top;">
              <div><u>November 17, 2020</u></div>
            </td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 25%; vertical-align: top;">
              <div>Date</div>
            </td>
            <td style="width: 75%; vertical-align: top;">&#160;</td>
          </tr>

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      <div><br>
      </div>
      <div><br>
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